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20121201
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Search Results 0 to 14 of about 15
owners in china. china overall is looking to bring parts of america to china. >> reporter: in 2010, this vineyard was up for sale. chinese investors bought it. now, 90% of the wine from here-- that's 9,000 cases-- is shipped to china. what does a chinese company want with a vineyard in napa valley? >> there's a big demand in china for luxury goods, for goods that are scarce, and for goods that are well made. rather than buying chinese-made products and sending our money over there, they're buying eir ican-made products and .ending their money back here. >> reporter: and the jobs stay here. re.and the jobs stay here. >> reporter: chinese firms, flush with cash, have invested $16.4 billion in the u.s. in the past decade, $1.3 billion in california companies, a record $560 million in just the past year. the chinese are also boosting the golden state's housing recovery. they've bought one out of every ean homes sold in the past year. >> compared to the high-end thiing like in beijing, this is not that expensive, though. r: reporter: di meng is a student at the university of oruthern ca
the time decorating with a christmas tree and stockings left behind from an earlier expedition. >> china has opened the world's longest high-speed rail line. it runs nearly 1,500 mi. from the country's capital and the north of guanmgzhou, in southern china. the line officially opened earlier this morning. trains on this high-speed online will initially run at 186 mi. per hour with a total travel time of about eight hours. before, the fastest time between the two cities by train was more than 20 hours. the chinese government plans to build a grid of high-speed railways which for east-west lines and for north-south lines by 2020. >> we will be right back. hey, look! a shooting star! make a wish! i wish we could lie here forever. i wish this test drive was over, so we could head back to the dealership. [ male announcer ] it's practically yours. test drive! but we still need your signature. volkswagen sign then drive is back. and it's never been easier to get a jetta. that's the power of german engineering. get $0 down, $0 due at signing, $0 deposit, and $0 first month's payment on any new v
markets around the world were closed for christmas, and for the day after christm christmas. china, five-month high on the notion that the urbanization plan will gain spurs in the housing stocks there. japan, abe confirmed as prime minister there. the seventh prime minister in the past six years. we did see the yen hit a 20-month low against the u.s. dollar. notable lows against the euro as well. the topics in the nikkai the lowest in nine months. >> going back to his old job, that he had back in 2007. strange in and of itself. i wonder how long it will take for people to start talking about netflix after the outage going into christmas eve on social media. they were calling it no flix. and to blame amazon web services, which is one of their huge growth engines. a unit of the company they say is probably a tenth of its eventual size. >> one of the highest growth parts of amazon right now, the web services portion. their amazon is down 1.25%. i don't know if that's the reason. but it was the streaming center in northern virginia that was the source of the netflix outage. it's resolved, th
in germany or alabama. want them in lexington, kentucky or china? >> you mentioned germany. volkswagen opened a plant in chattanooga a few months ago, 2,000 new jobs. bob corcoran was down there. 2,000 jobs, every one of which started at $14.50 an hour. >> right. they're not all going to be at -- >> so volkswagen was moving these jobs here because we're the low wage country compared to germany. >> dude, are you suggesting we push these jobs away? >> i'm not. >> i would rather americans have a shot at a $17 an hour job than having it in china. >> i agree. >> find a way to do better. i actually agree with you. but you have to understand the consequences are pretty severe for american lifestyles. >> again, though, i'm sorry, mike, but the consequences are, we have two choices, we can't get 1965 wages, we either have these jobs in china or lexington, either have them in alabama or germany and this is at least for some of -- a chance for younger americans to get some good jobs. >> joe, if you're taking a job that pays $14.50 an hour. it means one of two things, a, you don't have a job so you're ge
. and with their help, he's now selling his made in america pens to the world. >> going to china and japan instead of the other way around. >> reporter: and it turns out this made in america conversation has taken off elsewhere, too. so many americans going on twitter, and for the first time, a tally. since we started this journey, 946,565 tweets with those three words, made in america. "world news" viewers, a huge part of that. like samantha. just tweeted me, "did a little christmas shopping today for some friends, and the best part? all of it was #madeinamerica." and she sent me the picture to prove it. and who noticed this conversation? one of the founders of twitter. and we found him in new york, as he was shopping for made in america. he's seen the trend of twitter. and you've seen it? >> oh, yeah. >> reporter: jack dorsey. and without him, we wouldn't be sending those 140 character tweets. he says movements on twitter come in all sizes. >> some grow very, very large and global, and some stay small. >> reporter: but this is not a small one? >> this is not a small one. >> reporter: and he's in
twin peaks vista point. the 56-year-old visiting from china, was killed when she was knocked down the hillside. her son and two other friends were injured. >> according to her attorney, eunice may have learned rights in school. >> she was a quarter short of graduating from college. studying criminal justice, hoping to become a police officer. >> now, she's in custody on $2 million bail, facing four felonies including vehicular manslaughter, if she's able to post bail the judge ordered thor wear an alcohol monitor to refrain from driving. the district attorney says this case will be handled in his words, very aggressively. >> in this particular defendant was not only causing a tragedy, but in addition to that, she fled the scene and that also has consequences and will be dealt with accordingly. >> the young woman supporters did not want to talk today. but her attorney hinted at recent losses she says may have play aid role in the tragedy. >> there are thing that's their family has been going through. that probably has a lot to do with the full picture of how everything happened the
at an air base. >> china has the fastest train in the world, it will travel nearly 200 miles per hour. >> he was stolen from a street in new york city and now thanks to good samaritans the dog is back home. >> whoa! >>> there goes santa! look at that. >> this sad, an alabama fan, a hat, and tickets to the bcs title game. >> we're going to the game! ♪ >>> welcome to cbs this morning. we begin with this powerful storm system that caused a string of tornadoes that damaged buildings and knocked out hour in places like louisiana, mississippi, and alabama. it dropped heavy snow in parts of texas, oklahoma, and arkansas. >> it's blamed for three deaths and we'll check the forecast but we begin in hard hit mobile alabama where blake brown of our cbs affiliate is watching the tornado damage blake, good morning. >>> good morning this is the scene here in mobile, we have big trees down powerlines down, roof damage and it is just hours after the storm ripped through the city. >> volatile conditions as tornadoes toucheddown around mobile. >> i was screams and hollaring, and i
petallides right there on the floor of the new york stock exchange. china, cracking down on money transfers at wynn macau casinos. i guess that wynn stock is going to be down? nicole: you are right. we're seeing the stock down nearly 4% here. this is not good news for them overall. basically china's new leadership cracking down on fast money moving. they are going to set rules where you can't -- restrict the limits on how much money can actually be taken out of the country. there are a lot of new rules that would be put in place. all of it is obviously for responsible gambling, but it seems to be a lot deeper than that. stuart: i've been to that casino in macau. i mean totally different from anything you will ever see on the strip in las vegas. i mean it is really really different. i will get to that a bit later. david: yeah, we're all interested in that story. stuart: i don't gamble. david: man oh man. [laughter] stuart: moving along, republicans counteroffer to president obama's solution to the fiscal cliff yesterday with a plan of 800 billion dollars in new revenue from tax reform, not f
to taiwan and china in october and the buzz around windows 8 fell off a cliff from the june time period. so there's a lot of enthusiasm in june at the show in taipei. and by october, there was no enthusiasm. so i think a lot of the momentum had been lost and a lot of companies told me, look, it's really a second half of 2013 story. >> so what does that mean, not only for microsoft were but for the hardwaremaker? are being buying products from dell and the like and buying the windows 7 version or are they turning to google and mac? what's happening? >> more and more consumers are turning to smartphones and tablet devices and i think a lot of the hardware vendors are saying, you know what? when we do a refresh, let's wait until a year out, second half of 2013. it's probably not worth the investment today, especially with a lot of aggressive tablets coming out, including the ipad mini. so, you know, that -- i think they were planning on doing a more aggressive ramp, probably around ultra book with windows 8. and then they decided to delay it until next year. >> look out a little bit into 2013
taking views from the twin peaks outlook. a 56-year-old, visiting from china, was killed. her son and two friends, injured. >> police say eunice fled, but they arrested her nearby. she's being held on $2 million bail. until a formal arraignment next week. the young woman may already know something about what she faces. >> studying criminal justice. >> should shed she be able to make bail, the judge ordered an alcohol monitoring device placed on her, and that she not be able to drive a car. in san francisco, abc 7 news. >> wall street is feeling the squeeze the day after christmas on heels of a weak holiday shopping report. the dow jones fell 24 points to 13,114 and light trading today, the day after christmas, the third straight losing day for the dow. >> bargain shoppers hit stores in search of after christmas deals. stores are hoping to turn around aym5<] disappointing sea. >> trying to lure people in, now. amy hollyfield has more now. >> stores opened early but clerks far outnumbed shoppers this morning. >> i thought there would be more people here. there aj?
deadly before the vote with critics fearing an era of islamic rule and fewer personal freedoms. >> china launched this, the longest bullet train line in the world, the first one that left beijing this morning zipping down to guangzhou, about the distance from new york to key west. the trip will take eight hours. >> it would be nice to have that here. >>> american soldiers targeted in a bomb attack overseas. we'll go live to the pentagon after this. but they're here. yes. are you...? there? yes. no. are you them? i'm me. but those rates are for... them. so them are here. yes! you want to run through it again? no, i'm good. you got it? yes. rates for us and them -- now that's progressive. call or click today. your soups are so awesomely delicious my husband and i can't stop eating 'em! what's...that... on your head? can curlers! tomato basil, potato with bacon... we've got a lot of empty cans. [ male announcer ] progresso. you gotta taste this soup. i get congested. but now, with zyrtec-d®, i have the proven allergy relief of zyrtec®, plus a powerful decongestant. zyrtec-d® lets
of engineering on display in china this morning. service began today on the world's longest high-speed rail line. the average speed, hang on, everybody. 186 miles per hour. it used to take 22 hours to get from beijing to guangzhou. now, it will take about eight. that's about the same distance as new york to key west. how about that? in just eight hours. i think i would rather be in key west than guangzhou, though. just me? >>> finally, could be the best christmas present ever. a young girl here in new york has just been reunited with her best friend after a heartless crime. take a look at this. she was in a grocery store with her family christmas eve, when this man dog-napped her cavalier king charles spaniel named marley. who was tied up outside. a good samaritan later saw that man trying to sell the dog. she forked over $220 of her own money to buy marley back. and she had a feeling he had been stolen. so, she took him to a vet to be scanned for a microchip and found his true owner, setting up this amazingly, joyful christmas reunion. 7-year-old mia says she couldn't sleep without marley, by t
for antibiotics and steroids. some major issues for yum brands, 44% of its revenues come from china. getting the clearance at this point, very good news, and we're seeing the stock respond accordingly. bob pisani is here on the floor with more. >> good morning. merry christmas, everybody. over the weekend, is there a plan c on the fiscal cliff floating around. the only offer that's really on the table, and i hate to get so simplist simplistic, was the president's offer. he mentioned it at the press conference late friday afternoon, and that's raise taxes on the top 2%. that's basically the offer on the table. there's a lot of people trying to throw in a lot of spending cuts into a so-called plan c, raise the medicare eligibility age from 65 to 67. that's really an afterthought going in right now. the president's offer is the one on the table right now. at this point the choices are getting very, very narrow. i didn't hear do nothing. i didn't hear about a grand bargain. the other big thing over the weekend, i was getting a lot of e-mail about, is when will the treasury department declare the
into intensifying nationalism. there could be military clashes any day between china and japan of violence. the whole region is becoming more tense. after we leave afghanistan, i think the problems in the region will slide northward to central asia. that will involve in different ways china, russia and india. we have a crisis on our hands in syria. we have pressures to go to war against iran. these are the kind of issues that really need attentive leadership from the secretary of state that is intensely interested in them and has the kind of experience and global background that is needed for that kind of job. >> i just want to add to the list the recent north korea missile test, rocket test, aka, a missile test, and the close collaboration between north korea and iran. iran is pretty advanced on miniaturizing nuclear warheads. and north korea is very advanced on missiles. and if that collaboration continues, we may have a very serious confrontation. >> and so there's no island of stability out there in this from north korea all the way into africa. and a lot of the intel people say that t
to evacuate u.s. military personnel. >>> now to a terrifying scene for shoppers in china. if you are afraid of sharks, you may not want to watch this video. this was an indoor tsunami. a huge shark tank burst, sending broken glass and water crashing into onlookers. more than a dozen people were injured. mostly with minor cuts and bruises. sadly, the sharks did not survive. >> who thought that was a good idea? >>> the economy could suffer a major blow next week if thousands of union dock workers make good on their threat to strike. a walkout would close every port from boston to houston. that means tons of goods would not be able to move in or out. the contract expired back in september. >>> and it is that time of year again when warnings go out to everyone about the dangers of thin ice. case in point, take a look at this from monroe county, michigan. jim swayze was walking his dogs when one of them went out on the ice and fell in. oh, poor guy. his wife called in her cousin, he came out, jumped in the water to help their dog. rescue crews were able to get man and best friend to safety. good
Search Results 0 to 14 of about 15

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